Will's

[topman]

This brings to mind a case not that long ago. It was about a mother and daughter that had fallen out. The mother was determined for all her money to go to a series of cats charities. The daughter went to court, the charities took on the case and appealed, they lost.
There is a law you can't leave your children without means after you die.
There's so many challenges to wills, by people of all class and status, i consider mine to be a list of suggestions.
One way to ensure people get what you want them to have, give it them (if at all possible) whilst you are still alive.
The above isn't a comment on anyone, just my general thoughts on the matter.

[another_clean_sheet]

Originally Posted by topman

This brings to mind a case not that long ago. It was about a mother and daughter that had fallen out. The mother was determined for all her money to go to a series of cats charities. The daughter went to court, the charities took on the case and appealed, they lost.
There is a law you can't leave your children without means after you die.
There's so many challenges to wills, by people of all class and status, i consider mine to be a list of suggestions.
One way to ensure people get what you want them to have, give it them (if at all possible) whilst you are still alive.
The above isn't a comment on anyone, just my general thoughts on the matter.

The Supreme Court over ruled the original verdict just over a week ago.
http://www.legalcheek.com/2017/03/su...ead-mums-will/

[HarryM1BYT]

Originally Posted by topman

This brings to mind a case not that long ago. It was about a mother and daughter that had fallen out. The mother was determined for all her money to go to a series of cats charities. The daughter went to court, the charities took on the case and appealed, they lost.
There is a law you can't leave your children without means after you die.
There's so many challenges to wills, by people of all class and status, i consider mine to be a list of suggestions.
One way to ensure people get what you want them to have, give it them (if at all possible) whilst you are still alive.
The above isn't a comment on anyone, just my general thoughts on the matter.

It went to court and the charities won, then their was an appeal and the daughter won (as I understood it). That case was mentioned by my Will writer, as a need to make sure the Wills were completely watertight.

One of Jean's kids was being left out of her Will because they had a fall out and no contact for 10+ years. The suggested adjustment was a token payment to that child, to avoid them being able to dispute the Will later, should they even become aware.

[topman]

I hadn't seen that latest twist. Thanks.

[Gate Keeper]

Originally Posted by topman

One way to ensure people get what you want them to have, give it them (if at all possible) whilst you are still alive.
The above isn't a comment on anyone, just my general thoughts on the matter.

Your allowed to give away £3000 per tax year as a gift before it is added to the estate. Also bear in mind the 7 year rule. Please see the link below .GOV

https://www.gov.uk/inheritance-tax/gifts

[another_clean_sheet]

Originally Posted by HarryM1BYT

It went to court and the charities won, then their was an appeal and the daughter won (as I understood it)..

No, the charities won in the latest appeal as shown in my link. As it was the verdict of the Supreme Court, I do not think she can appeal. She certainly has not in the last 10 days

[HarryM1BYT]

Originally Posted by another_clean_sheet

No, the charities won in the latest appeal as shown in my link. As it was the verdict of the Supreme Court, I do not think she can appeal. She certainly has not in the last 10 days

Oh, OK justice then - I stand corrected.. Good result.

[Christopher Price]

There's nothing splits up families better than a Will and/or money grabbing relatives. I feel for you Harry, as I've been through something very similar and it brings out the very worst of human behaviour.

[COLVERT]

My wife and I several years ago spoke to all of our six children

We told them we were going to spend their inheritance and they said Good Luck. You earned it---you spend it.---

[Jay]

I am glad you have done what you thought fit Harry.

Originally Posted by Gate Keeper

Your allowed to give away £3000 per tax year as a gift before it is added to the estate. Also bear in mind the 7 year rule. Please see the link below .GOV

https://www.gov.uk/inheritance-tax/gifts

Good point Phil. I remembered it working with older people when working in s/w. I have taken beds down stairs so a client could remain in their homes so the money grabbing siblings couldn't put them into care and sell their houses with full care packages put in place.

I have already told my parents about making a will and putting their house as my sisters property possession to avoid the 7yr rule you mentioned.

I don't want a cut of a three way split of their property and money. I have asked for my share to go to my 18yr old son, if/when, for the future after university in his life.